OOCL denies orders from CSBC [Shipping]
Hong Kong-based OOCL recently denied eight-unit 1,800TEU boxship order with Taiwanese CSBC, which was previously regarded as a sign of recovery of boxship market. Stephen Ng from Planning Department of OOCL said they hadn’t confirmed any new ord...
2010-12-07 11:27:55
JFE to hike steel prices by 8% [Equipment]
Japan's JFE Steel is to raise domestic steel prices for January-March period 2011 by JPY 3,000-5,000 per ton from the prices of July-September period 2010. It also aims to hike export steel prices by $50-100 per ton. It is against the backdrop ...
2010-12-07 09:35:36
Gazprom tender for LNG carriers [Offshore]
Russia's Gazprom Global LNG is mulling a tender to secure four LNG carriers. Ship type is around 165,000-cbm class for both newbuildings and secondhand. Charter period is to be around 10 years. It is not revealed where the ships will be deploye...
2010-12-07 09:26:44
DNV unveils LNG-fueled VLCC [Shipping]
Classification society DNV has taken the wraps off a new crude oil tanker concept. The Triality ship is fueled by LNG, has a hull shape that obviates the need for ballast water and very greatly reduces local air pollution. The concept vessel also...
2010-12-07 09:06:57
American Shipbuilding Association will be dissolved [General]
The Board of Directors of the American Shipbuilding Association (ASA) said Monday that the organization will be dissolved effective December 31, 2010. The decision comes after a review of the organization's charter and changes in the industry lan...
2010-12-07 09:05:27
Jinhui cancels newbuilding again [Shipping]
Hong Kong based Jinhui Shipping & Transportation has axed its second newbuilding in less than a week. Oslo-listed Jinhui will lose a deposit of JPY 535m ($6.47m) on the 61,000-dwt bulker its wholly-owned subsidiary Jinying Marine bought for JPY 5...
2010-12-07 08:59:26
Wärtsilä & MAN continue HERCULES [Equipment]
Two world-leading European marine engine manufacturers, MAN Diesel & Turbo and Wärtsilä Corporation, have agreed to pursue a large joint research project, the HERCULES-C project, as a continuation of the very successful HERCULES programmes ...
2010-12-07 08:45:10
SLS & Suppliers endeavor to normalize [General]
Korea's SLS Shipbuilding held a workshop for two days on November 26th and 27th in Kyungnam Social Promotion Training Institute in Uiryeong-gun, Gyeongsangnam-do, Korea. Attended by Kim Deok-jung, CEO of SLS, executives, production team leaders ...
2010-12-07 08:29:59
Offshore plant owner reception in Korea [Offshore]
'The 1st Major Shipowner Reception' was held in Sea Palace Hotel in Koje, Korea in the afternoon of last Friday, inviting the officials concerned with Korea's offshore plant enterprises and overseas major shipowners. Sponsored by Korea's Ministry of ...
2010-12-07 08:22:08
KR and KCL sign MOU [Equipment]
Korea Conformity Laboratories (KCL) revealed last Friday it signed a MOU (memorandum of understanding) with Korea Register of Shipping (KR) in the KR's headquarters in Daejeon, Korea to develop the part materials, machinery and related technologies o...
2010-12-07 08:16:53
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